How does an importer find out which banks can participate in the FGP?
The Agricultural Attach in the emerging market can advise the importer in which banks are eligible for CCCs export credit guarantee programs. The importers bank might have participated in the GSM-102 program, but may be unaware of the FGP. If so, the Agricultural Attach can provide the bank with information about the FGP. The credit limit established by CCC for approved foreign banks applies to all CCC export credit programs, including the FGP. The list of CCC approved foreign banks is available on the USDA/FAS homepage at the following address: (http://www.fas.usda.gov/dam/fmd/banks/banks.htm). This list is subject to changes and updated monthly. Information about a banks credit limits, current exposure, and available limit should be discussed directly with the importers bank.
